The Charlotte-area foreclosure rate rose 0.63 percentage points in January from the same month a year ago and was higher than the national rate, Santa Ana, Calif.-based CoreLogic said Tuesday.
The report, which examined the Charlotte, Gastonia and Rock Hill, S.C., area, says the rate of foreclosures among outstanding mortgage loans was 3.45 percent this past January, compared with 2.82 percent in January 2011.
The national foreclosure rate was 3.43 percent this past January.
The mortgage delinquency rate also rose in the Charlotte area in January. For the month, 7.23 percent of mortgage loans were 90 days or more delinquent, compared with 7.04 percent in January 2011.
Foreclosure rate means the percentage of loans in some stage of the foreclosure process.